Writing about the regional economy for @MinneapolisFed | #UMNEcon and @PoliSciUMN alum '21 | She/her | Views are my own.
Follow me @haleychinander on Threads.
New establishments surged after the pandemic, but growth has varied across states and industries. Read more about these business trends in a new article by @haleychinander. https://t.co/CfBRJ326Gf
The average number of employees per new establishment is lower than before the pandemic, according to data from @BLS_gov. Read more about these establishment trends in my latest article for the @MinneapolisFed: https://t.co/gPz4LQVbw5
“We had planned to add staff, but the downturn in business has made me postpone that,” a North Dakota business owner wrote in a July @MinneapolisFed survey.
Read what else business owners told us about hiring and wages in my summary of survey results:
https://t.co/LAF12X3fYB
.@ErickGarciaLuna (Minneapolis Fed Regional Outreach director) and @HaleyChinander (Minneapolis Fed writer/analyst/Gen Zer) add data and their perspective to the @startribune article below. ⬇️
Minnesota's remote workforce differs from the state's working population along socioeconomic and demographic lines. Learn more in my overview of remote workers in Minnesota for @MinneapolisFed: https://t.co/OX51iFQqQm
📢Announcing *new* monthly series of quits and layoffs reported by households! We see a notable sign of labor market softening: layoffs have risen steadily and significantly since January 2024. Do I have your attention #JOLTS and #jobsday fans? #econtwitter 🧵1/n
@EconBerger Some context regarding MN's increase: Starting last year, the state extended unemployment benefits to school workers for the summers, so I'm guessing that this increase is partially driven by the end of the school year here.
The share of remote workers tripled from 6% of US workers in 2019 to 18% in 2021 according to @USCensusBureau's American Community Survey.
But what does more recent data reveal about remote work trends? Find out in my latest article for @MinneapolisFed: https://t.co/sKaSgDogom
Congratulations to Senior Lecturer Fahima Aziz for her Excellence in Undergraduate Teaching Award and our Department Chief of Staff Kara Kersteter for her Outstanding Service Award! We are so proud of Econ's contributions to @umncla
NEW: Unemployment insurance data for Ninth District states is now on the @MinneapolisFed's Regional Economic Indicators Dashboard!
Check out changes to both initial and continued claims data here: https://t.co/xGe3DIyjE6
A recent article by @HaleyChinander was cited Monday in @cfarrellecon’s economic news roundup on MPR News with @AngelaDavisMPR. Visit link to hear what job fair participants are saying about the labor market. https://t.co/VdVWUWEaTR
“I’m noticing more people at our job fairs who are currently employed but looking for better opportunities.”
The @MinneapolisFed recently partnered with workforce agencies to find out what job fair attendees think of the labor market. Read more here: https://t.co/mrBAlBTWOp
"We significantly raised wages...and saw an influx of higher quality candidates, lower turnover, and higher job satisfaction,” wrote a Montana business owner in a @MinneapolisFed survey.
Read more about what businesses shared with us in my latest article:https://t.co/OO8cn6GcUD
Regional Economic Conditions: General Business
How are businesses doing currently across Ninth District, and how do they feel about the near future? Join @RonWirtz & @haleychinander on 2/23 for a webinar discussing latest results from Jan survey of firms. https://t.co/RspKDP8VFj
“If my car breaks down, I have no money to fix it. If there is any kind of setback, I am screwed.”
Car repair costs have skyrocketed in recent years, creating more financial stress for many workers. Find out why in our latest article for @MinneapolisFed: https://t.co/pqIQ2UpqRP